Universal Basic Income – A Silver Bullet To End Agrarian Distress? Part 1 of 2

Universal Basic Income

Since the last 7 decades, successive governments in India have tried their best to find a long-term solution to address the country’s ailing farm sector. But despite their best efforts, the Indian agriculture sector continues to stay distressed.

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Looking Beyond Farm Loan Waivers: Emerging Perspectives – Part 2

NeML - Looking beyond farm loan waivers

In the first part of this two-part series, we covered the various diverse perspectives that are emerging on Farm Loan Waivers in India and presented a new perspective – linking Commodity Spot Markets with short-term credit linkage initiatives to enhance famers’ bargaining power that will lead to better realisations for their agriculture produce.

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Looking Beyond Farm Loan Waivers: Emerging Perspectives – Part 1

Farm Loan Waivers

The announcement of loan waivers for farmers has been cited as one of the key factors for a leading national party’s return to power in three Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan. As we write this, diverse views from numerous experts on the efficacy of farm loan waivers are already in the air.

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Time For An Inward-looking Agriculture Export Policy

Edible Oil Imports in India

As discussed in our previous blog, India’s Agriculture Export Policy should incentivise domestic agri producers to produce value-added agri products to fuel the country’s increasing appetite for premium products on account of a fast-rising middle class. The case of Edible Oil consumption in India is a good example.

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Agriculture Export Policy: Looking Within

Agri India

With every passing year, more and more Multinational Companies (MNCs) across the globe are entering the Indian market to sell value-added agri products that fetch far higher prices than what their India-sourced raw commodities fetch. For e.g. a popular brand’s 250 gms. packet of Cornflakes, with minimal fortification, sells at a 3-4 times higher price than raw cornflakes. The same goes for Imported Fruits like Apples, Oranges and Grapes that command a premium of 50-100% over the ones produced in India.

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